Installment Sale - Overview, Examples of the Installment Sales Method
https://www.wallstreetoasis.com/resources/skills/accounting/installment-sale
WEBThe installment sales method refers to the sales transaction where an asset is exchanged over time as the payments are made in parts. Here, a buyer agrees to pay the seller in installments, which will be exchanged over time. During these installments, ownership is not transferred to the buyer. Instead, only the possession is transferred.
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